Rane (Madras) Ltd.

Financial

	Rane Madras	JTEKT India	ZF Steering Gear (I)
Operational Metrics
Steel Sector
Capacity Utilization - Die-Casting Division	65.0 %	n/a	n/a
Unclassified
R&D as a % of Total Sales	0.86 %	0.03 %	0.39 %
Financials
5 yr Average ROE	-8.02 %	7.35 %	10.94 %
5yr average Equity Multiplier	5.37	1.76	1.36
5yr Average Asset Turnover Ratio	1.5	1.5	0.93
5yr Avg Net Profit Margin	-1.27 %	2.67 %	8.52 %
Price to Book	3.79	4.8	2.25
P/E	67.6	46.86	70.37
5yr Avg Cash Conversion Cycle	12.48 Days	23.57 Days	84.78 Days
Inventory Days	41.45 Days	28.88 Days	36.39 Days
Days Receivable	61.12 Days	46.63 Days	78.13 Days
Days Payable	101.28 Days	62.56 Days	46.97 Days
5yr Average Interest Coverage Ratio	0.59	12.13	35.73
5yr Avg ROCE	4.97 %	10.31 %	15.33 %
5yr Avg Operating Profit Margin	4.92 %	9.31 %	16.36 %
5 yr average Debt to Equity	2.61	0.14	0.17
5yr CAGR Net Profit	n/a	2.27 %	6.88 %
5yr Average Return on Assets	-1.5 %	4.13 %	7.92 %
Shareholdings
Promoter Holding	72.65 %	74.98 %	67.0 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.0	-0.02 %	-0.43 %
Change in Mutual Fund Holding (3 Yrs)	0.12 %	6.19 %	0.0

Business

	Rane Madras	JTEKT India	ZF Steering Gear (I)
Product Wise Break-Up	Product Wise Break-Up Steering Gear Products 52.45 Suspension 28.42 Light Metal Casting Products 10.77 Hydraulic Products 4.67 Auto Ancillary 3.69 RPSM 0 CEPS 0 HPS 0 Colomn 0 Axle 0 Renewable energy 0 Steering Gear 0 Mechanical Steering 0 Power Steering 0	Product Wise Break-Up Renewable energy 0 Suspension 0 Steering Gear Products 0 Steering Gear 0 Mechanical Steering 0 Power Steering 0 CEPS 49.1 Colomn 7.2 Light Metal Casting Products 0 Auto Ancillary 0 Axle 0 Hydraulic Products 0 RPSM 24.7 HPS 6.7 Others 12.3	Product Wise Break-Up Renewable energy 1.76 Suspension 0 Steering Gear Products 0 Steering Gear 92.69 Mechanical Steering 0 Power Steering 0 CEPS 0 Colomn 0 Light Metal Casting Products 0 Auto Ancillary 0 Axle 0 Hydraulic Products 0 RPSM 0 HPS 0 Others 5.55
Location Wise Break-Up	Location Wise Break-Up Domestic 76.0 International 24.0 USA 0 India 0	Location Wise Break-Up India 0 Domestic 97.6 International 0 USA 0 Others 2.4	Location Wise Break-Up India 97.54 Domestic 0 International 2.46 USA 0
OEM vs Aftermarket	OEM vs Aftermarket OEM 81.0 After market 19.0 OEM 0	OEM vs Aftermarket After market 0 OEM 90.0 Others 10.0	-
Customer Segment	Customer Segment 4 Wheeler 60.0 CV 22.0 FT 7.0 2W 6.0 M&HCV 0 LCV 0 SCV 0 MPV 0 MUV 0 Others 5.0	-	-
Asset Break-Up	Asset Break-Up India 100.0 USA 0 Rest of the world 0	Asset Break-Up India 100.0 Rest of the world 0 USA 0	Asset Break-Up India 0 Rest of the world 0 USA 0 Others 100

Rane (Madras) Ltd.

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